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Other regarding preferences and reciprocity:insights from experimental findings and satisfaction data

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We measure satisfaction about experimental outcomes, personal and other participants' behaviour after a multiperiod "hybrid contribution" multiplayer prisoner's dilemma called the "vote with the wallet" game. Our work shows that participants who cooperated above median (which we define as strong cooperators) are significantly more satisfied with the game in proportion to their cooperative choice. On the contrary, their satisfaction for the other players' behavior is negatively correlated with the extent of their own cooperative behavior and the non-cooperative behavior of the latter. The satisfaction of strong cooperators for their behavior in the game depends in turn on the share of their own cooperative choices. We document that a broader utility function including heterogeneity in expectations on other players' behavior, other-regarding preferences, and a negative reciprocity argument may account for the combination of the observed experimental and satisfaction findings.

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  • Leonardo Becchetti & Vittorio Pelligra & Serena F. Taurino, 2016. "Other regarding preferences and reciprocity:insights from experimental findings and satisfaction data," CEIS Research Paper 363, Tor Vergata University, CEIS, revised 01 Feb 2016.
    • Handle: RePEc:rtv:ceisrp:363
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    1. Becchetti, Leonardo & Corrado, Germana & Pelligra, Vittorio & Rossetti, Fiammetta, 2020. "Satisfaction and preferences in a legality social dilemma: Does corporate social responsibility impact consumers’ behaviour?," Journal of Policy Modeling, Elsevier, vol. 42(2), pages 483-502.
    2. Nazaria Solferino & Viviana Solferino & Serena F. Taurino, 2018. "The economics analysis of a Q-learning model of cooperation with punishment and risk taking preferences," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 13(3), pages 601-613, October.
    3. Becchetti, Leonardo & Corrado, Germana & Pelligra, Vittorio & Rossetti, Fiammetta, 2016. "Happiness and Preferences in a Legality Social Dilemma," AICCON Working Papers 145-2016, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    4. F. Rossetti & V. Pelligra & G. Corrado & L. Becchetti, 2016. "Happiness and Preferences in a Legality Social Dilemma Comparing the Direct and Indirect Approach," Working Paper CRENoS 201604, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.

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    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior

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